Q: 23 (IES/2015)

Consider the following statements:
1. A Money Bill can be introduced in either LOK Sabha or Rajya Sabha.
2. The President of India can refuse his assent to a Money Bill and return it to Parliament for reconsideration.
Which of the statements given above is/are correct?
question_subject: 
Polity
question_year: 
2015
question_exam: 
IES
stats: 
0,4888,712,240,360,112,4888